For the long term...yes. But short term, I think it's due for a dip. Gold skyrocketed in 2020 due to Covid19 but it's only a matter of time before C19 recedes from the news. What'd happen to gold then?
What's the best trading strategy? I have heard many opinions from different people, and the most efficient I have heard until now is the swing trading strategies. I like that it combines a lot of the analysis of the market and the stocks, which I am good at. I already started to educate myself using these strategies, but I know that I need to use more than one type of trading strategy for becoming a good trader on Forex. I would be very pleased if you would recommend me something similar to the swing trading strategies.
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I had no idea merb was full of gold bugs. Gold has gone absolutely nowhere despite the recent pump in the last decade. Look when shit hits the fan everything goes down (gold included) but is it really something you wanna be holding for the next 10 years? Not me.
Build a basket of good value stocks like Ben Graham and Warren Buffett and hold them no matter buy on the dips when everyone else is selling
Yup. Value investing is the way to go. Sat out most of the past year, the market was ridiculously overvalued, started buying this month when some blood finally started flowing.
Was supposed to be a major squeeze WS and the FED are together. You can't have a market for people and the darkpool on the other side.
Do you guys do your trading through a platform in Canada or through the US?
How can I get started?
How can I get started?
Every morning I awaken to a new statement excreted by DJT and cheered by his deplorables. My consolation is that I bought puts on his stock as soon as they became available. Trump gave me a huge gift over the weekend by approximately doubling the number of shares and, of course awarding himself the new shares.
Should I buy some of his Chinese made MAGGOT hats to thank him?
Should I buy some of his Chinese made MAGGOT hats to thank him?
DJT made a big announcement today, so the shares are only down 8.5% so far today instead of the 18% of yesterday. I didn't realize that Trump is not only printing more shares, but he will probably be able to sell them without having to wait the customary several months that insiders normally do after an IPO!
I bought more puts instead of taking my profits - greedy like Donny.
I bought more puts instead of taking my profits - greedy like Donny.
If you hear a stock tip on any social media platform stay away. My tip of the day.
Stock tips from anywhere only motivate me to investigate. I only jump in after investigating - company news & announcements, max pain, VWAP, checking general market conditions and trying to predict how they will affect the stock. When I do take a position, it's usually for 3% of my portfolio - absolute maximum 10% if I fall in love.
By the way, DJT is now down 12.5% today (after yesterday's 18% dump).
SMCI was down below $900 , ( I bought a bit lower) target upgraded to $1 500 +10% today. Good luck!
In 6 months I come back here to write "I told you".
They have servers using AI chips from NVDA.
In 6 months I come back here to write "I told you".
They have servers using AI chips from NVDA.
I have 2 brokers that do not know each other, when I get a tip from one I ask the other plus do my own research.
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